NOT LISTED FOR SALE

Estimated Value: $534,513 - $585,000

3 Beds
2 Baths
1,290 Sq Ft
$435/Sq Ft Est. Value

About This Home

This home is located at 706 Penn Rd, Raleigh, NC 27604 and is currently estimated at $561,128, approximately $434 per square foot. 706 Penn Rd is a home located in Wake County with nearby schools including Conn Elementary, Ligon Magnet Middle School, and Enloe High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2018
Sold by
Karim Brian K and Karim Nicholle S
Bought by
Khavarian Anaoshak
Current Estimated Value
$561,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Outstanding Balance
$250,188
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$287,460

Purchase Details

Closed on
Jan 21, 2014
Sold by
Hughes Frederick Michael and Hughes Lucy Pearce
Bought by
Karim Brian K and Karim Nicholle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2008
Sold by
Daw Zeitler Investments Llc
Bought by
Hughes Frederick Michael and Hughes Lucy Pearce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,884
Interest Rate
5.96%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 2007
Sold by
Wachovia Bank Na
Bought by
Daw Zeitler Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.65%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 21, 2007
Sold by
Cooper Milford George and Cooper Barbara Jean
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Khavarian Anaoshak $355,000 None Available
Karim Brian K $235,000 None Available
Hughes Frederick Michael $227,000 None Available
Daw Zeitler Investments Llc $90,000 None Available
Wachovia Bank Na -- None Available
Federal National Mortgage Association $84,548 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khavarian Anaoshak $284,000
Previous Owner Karim Brian K $208,100
Previous Owner Karim Brian K $223,250
Previous Owner Hughes Frederick Michael $215,031
Previous Owner Hughes Frederick Michael $218,884
Previous Owner Daw Zeitler Investments Llc $25,000
Previous Owner Daw Zeitler Investments Llc $40,000
Previous Owner Wachovia Bank Na $90,000
Previous Owner Oak City Homes Llc $55,000
Previous Owner Cooper Milford George $27,300
Previous Owner Cooper Milford G $82,400
Previous Owner Cooper Milford G $52,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,314 $494,391 $300,000 $194,391
2023 $3,713 $338,849 $180,000 $158,849
2022 $3,451 $338,849 $180,000 $158,849
2021 $3,317 $338,849 $180,000 $158,849
2020 $3,257 $338,849 $180,000 $158,849
2019 $2,754 $235,911 $108,000 $127,911
2018 $0 $235,911 $108,000 $127,911
2017 $2,474 $235,911 $108,000 $127,911
2016 $2,423 $235,911 $108,000 $127,911
2015 $2,054 $196,437 $80,000 $116,437
2014 $1,949 $196,437 $80,000 $116,437
Source: Public Records

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